Graduate Analytics Consultant at a tech services company with 51-200 employees
Real User
2020-11-25T23:22:20Z
Nov 25, 2020
We used it for an Academy project and we also used it for a credit card transaction fraud detection project. The purpose of the project was to denote anomalies or customer records that were different from usual. The reason that we used this solution was that it was the only end-to-end framework available on the market at that time. If I were to build my own solution on AWS, I would have had to bring in all the components, but AWS Fraud Detector has the capability to blend in not just the data streaming part, but also the multi-building part, ultimately chiming in with Amazon QuickSight for the visualization and Amazon SNS for notification.
Find out what your peers are saying about Amazon Web Services (AWS), Riskified, Broadcom and others in Fraud Detection and Prevention. Updated: March 2025.
Fraud Detection and Prevention solutions help businesses identify and mitigate fraudulent activities. They provide robust mechanisms to detect anomalies and prevent financial losses, safeguarding assets and reputation.Advanced technologies in Fraud Detection and Prevention leverage AI and machine learning to analyze vast datasets, spotting patterns indicative of fraud. These solutions utilize real-time analysis, evolving with new fraud tactics, reducing false positives, and enhancing...
We used it for an Academy project and we also used it for a credit card transaction fraud detection project. The purpose of the project was to denote anomalies or customer records that were different from usual. The reason that we used this solution was that it was the only end-to-end framework available on the market at that time. If I were to build my own solution on AWS, I would have had to bring in all the components, but AWS Fraud Detector has the capability to blend in not just the data streaming part, but also the multi-building part, ultimately chiming in with Amazon QuickSight for the visualization and Amazon SNS for notification.